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The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019

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There are currently no known outstanding effects for the The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019, Paragraph 5. Help about Changes to Legislation

Pre-existing judicial decisions etc.U.K.

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5.  To enable, by the use of a designated person's frozen funds or economic resources, the implementation or satisfaction (in whole or in part) of a judicial, administrative or arbitral decision or lien, provided that—

(a)the funds or economic resources so used are the subject of the decision or lien,

(b)the decision or lien—

(i)was made or established before the date on which the person became a designated person, and

(ii)is enforceable in the United Kingdom, and

(c)the use of the frozen funds or economic resources does not directly or indirectly benefit any other designated person.

Commencement Information

I1Sch. 3 para. 5 not in force at made date, see reg. 1(2)

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